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Mergers & Acquisitions
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August 29, 2025
Strathcona Upping MEG Stake, Against $5.7B Cenovus Deal
North American oil producer Strathcona Resources Ltd. has unveiled plans to up its stake in Canadian oil sands producer MEG Energy by 5%, a move that marks an attempt to block Cenovus Energy's planned CA$7.9 billion ($5.7 billion) takeover of MEG.
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August 29, 2025
Sterlington Continues Corporate Growth With WilmerHale Atty
Sterlington PLLC announced another addition to its corporate bench Wednesday, this time a longtime transactional attorney who most recently worked for WilmerHale.
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August 29, 2025
Taxation With Representation: White & Case, Paul Weiss
In this week's Taxation With Representation, private equity firm Sycamore Partners completes its $24 billion acquisition of Walgreens Boots Alliance Inc., telecommunications company EchoStar sells wireless spectrum licenses to AT&T and Keurig Dr Pepper acquires JDE Peet's in a deal that aims to create a "global coffee champion."
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August 29, 2025
Connexa Sports, JuCoin Launch $500M Digital Asset Platform
Connexa Sports Technologies Inc. and JuCoin Capital Pte. Ltd. on Friday revealed that they have entered into a strategic partnership to jointly establish a $500 million digital asset platform called aiRWA.
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August 29, 2025
M&A Attys Hand Tasks To 'Machines' In Careful Embrace Of AI
Artificial intelligence is no longer just a back-office tool in mergers and acquisitions legal work, but is increasingly embedded in core deal processes that help attorneys manage due diligence, draft agreements and assess risk.
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August 29, 2025
Kirkland, Skadden Advise On $1.8B DuPont-Arclin Deal
DuPont said Friday it has agreed to sell its Aramids business, best known for Kevlar and Nomex synthetic fibers, to TJC portfolio company Arclin in a deal valuing the unit at about $1.8 billion.
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August 29, 2025
Wood Group To Sell North American Unit To Qualus For $110M
Wood Group, the troubled Scottish engineering consultancy, said Friday that it has agreed to sell its North American transmission business to rival Qualus LLC for $110 million after a "highly competitive auction process" as it continues to dispose of its non-core businesses.
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August 29, 2025
Engineering Firm Weir Completes £111M Acquisition Deal
Weir Group said Friday it has completed its purchase of Townley, a minerals processing products maker, in a £111 million ($150 million) transaction expected to boost the global engineering firm's presence in North America.
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August 28, 2025
Guardian Capital Goes Private In $1.67B Deal With Desjardins
Canadian investment management firm Guardian Capital Group Ltd. on Thursday announced plans to go private after being bought by financial services company Desjardins Global Asset Management in a deal that values it at $1.67 billion and was built by three law firms.
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August 28, 2025
'Bitcoin Infrastructure' SPAC Files Plans To Raise $200M
Special purpose acquisition company Bitcoin Infrastructure Acquisition Corp. Ltd. has filed plans with regulators to raise up to $200 million in an initial public offering, a move that follows a pair of crypto-focused special purpose acquisition companies that began trading on Wednesday amid surging interest in digital assets.
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August 28, 2025
Trump Fires Democratic Member Of Rail Regulator
President Donald Trump on Thursday fired a Democratic member of the Surface Transportation Board who has opposed further consolidation in the rail industry, ousting Robert Primus just as the board prepares to consider the proposed megamerger between Union Pacific and Norfolk Southern.
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August 28, 2025
ByteDance Buyback To Bring $330B Value, And More Rumors
A planned employee share buyback by ByteDance could value the company at $330 billion, the Pinault family is reaching out to potential buyers for the German sports apparel brand Puma SE, and Canada Goose might be up for sale by its private equity owner Bain Capital. Here, Law360 breaks down these and other notable rumors from the past week.
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August 28, 2025
Barnes & Thornburg Adds Corporate Attys In Dallas, Nashville
Barnes & Thornburg LLP has deepened its corporate bench with a partner in Nashville who joined from Polsinelli PC and a counsel in Dallas who came aboard from Morgan Lewis & Bockius LLP.
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August 28, 2025
Sycamore Closes $24B Walgreens Deal, Replaces CEO
New York-based private equity firm Sycamore Partners has completed its $24 billion acquisition of Walgreens Boots Alliance Inc., and the pharmacy chain named a new CEO, the companies announced Thursday.
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August 28, 2025
Barclays To Sell Nordic JV Stake To Swedbank For $273M
Swedbank AB said Thursday that it has agreed to acquire Barclays PLC's stake in Entercard, their jointly owned consumer credit group in the Nordic region, for 2.6 billion Swedish kronor ($273 million), as the Stockholm-based lender moves to strengthen its regional presence.
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August 27, 2025
$75K In Atty Fees Awarded After $1M Ask In Trump Media Case
After much wrangling, a Delaware vice chancellor has granted a $75,000 attorney fee for ARC Global Investments II LLC, the investment sponsor behind the deal that took Trump Media & Technology Group public in 2024 — far from ARC's most recent ask of $1 million.
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August 27, 2025
Chancery Pressed For Faster Track In Skechers Doc Suit
Citing post-deal deadlines for share appraisal demands, attorneys for Skechers USA Inc. stockholders asked Delaware's chancellor on Wednesday for an emergency reargument on expediting a books and records demand suit, saying that the court's "more leisurely" timetable might have overlooked the urgency.
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August 27, 2025
Genesis Wins OK For $30M DIP, Ch. 11 Sale Process
A Texas bankruptcy judge on Wednesday gave final approval to nursing home operator Genesis Healthcare Inc.'s updated $30 million debtor-in-possession loan and Chapter 11 sale procedures after a three-day hearing, overruling unsecured creditors' objections.
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August 27, 2025
Investors Accuse Suns Owner Of Undermining Minority Stakes
Two groups holding minority stakes in the NBA's Phoenix Suns and WNBA's Phoenix Mercury sued for company documents in Delaware's Court of Chancery Wednesday, alleging there is a lack of transparency and majority owner Mat Ishbia is attempting to dilute their investment.
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August 27, 2025
Crypto SPACs Raise $500M Amid Renewed Industry Optimism
Two SPACs targeting digital assets began trading Wednesday after raising a combined $500 million in initial public offerings, adding to a recent run of crypto-related blank check launches amid renewed investor interest in the sector.
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August 27, 2025
Baker Botts Adds 2 More Lateral Partners In NY
As it touts the addition of 17 lateral partners this year so far, Baker Botts LLP announced Tuesday that it has gained a former Paul Weiss Rifkind Wharton & Garrison LLP attorney focused on executive compensation and transactional tax strategy and a former McDermott Will & Schulte LLP attorney focused on public company and private equity mergers and acquisitions.
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August 27, 2025
Property Biz To Buy Final Assura Shares After £1.8B Deal
Primary Health Properties said Wednesday that it has acquired a majority of Assura PLC's shares in a £1.8 billion ($2.4 billion) takeover and that it will now enforce the acquisition of the remaining shares.
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August 27, 2025
Skadden, Sidley Advise On Sompo's $3.5B Aspen Acquisition
Japanese insurer Sompo Holdings has agreed to acquire Aspen Insurance Holdings Ltd. for $3.5 billion in cash, with Skadden Arps Slate Meagher & Flom LLP representing Sompo and Sidley Austin LLP advising Aspen, the companies said Wednesday.
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August 27, 2025
Weil-Led Advent Tables $1.3B Bid For Chipmaker
U.S. private equity firm Advent International said Wednesday it has made a public tender offer to acquire chipmaker U-blox Holding AG for 1.03 billion Swiss francs ($1.27 billion) to capture a player in the growing technology sector.
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August 27, 2025
Finance Biz Gets More Time For £490M Bid For UK Lender
The U.K. merger authority has given U.S. specialist finance group BasePoint extra time to make a £490 million ($658 million) bid for International Personal Finance, the British credit provider said Wednesday.
Expert Analysis
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Series
Playing Mah-Jongg Makes Me A Better Mediator
Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.
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Business Court Bill Furthers Texas' Pro-Corporate Strategy
The Texas Legislature's recent bill to enhance corporate protections and expand access to the Texas Business Court by refining its jurisdictional standards is just the latest step in the state's playbook for becoming the new center of corporate America, say attorneys at Katten.
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FTC Staff Cuts Unlikely To Curb Antitrust Enforcement Agenda
While Federal Trade Commission Chair Andrew Ferguson's recent commitment to reducing agency staff may seem at odds with the Trump administration's commitment to antitrust enforcement, a closer analysis shows that such reductions have little chance of derailing the president's efforts, say attorneys at Squire Patton.
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Series
Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
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Opinion
4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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Takeaways From EU's Review Of Merger Control Guidelines
The European Commission’s newly launched consultation on the European Union’s merger guidelines will explore whether and how merger control should consider key policy objectives, such as innovation, investment incentives and security, say lawyers at Latham.
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How Attys Can Use AI To Surface Narratives In E-Discovery
E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.
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Identifying Data Center Investment Challenges, Opportunities
The role of data centers is expanding, as are new opportunities for private capital investors, but there are issues to consider, including finance models and contract complexity, as well as power supply, cyber threat resilience and data sovereignty, say lawyers at Ropes & Gray.
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Leveraging Diligence Findings For Better Life Sciences Deals
Life sciences parties should utilize due diligence strategically to review and draft deal documents, address issues identified during the diligence, and craft solutions to achieve the party's transactional goals, says Anna Zhao at Gunner Cooke.
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IP Due Diligence Tips For AI Assets In M&A Transactions
Artificial intelligence systems' integration into business operations creates new considerations for intellectual property due diligence in mergers and acquisitions and financing transactions, and implementing a practical approach to identifying AI assets can help avoid litigation and losses, say Armin Ghiam and Senna Hahn at Hunton.
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AbbVie Frees Taxpayers From M&A Capital Loss Limitations
The U.S. Tax Court’s June 17 opinion in AbbVie v. Commissioner, finding that a $1.6 billion break fee was an ordinary and necessary business expense, marks a pivotal rejection of the Internal Revenue Service’s position on the tax treatment of termination fees related to failed mergers or acquisitions, say attorneys at Holland & Knight.
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Capital One Deal Approval Lights Up Path For Bank M&A
The federal banking regulators' recent approval of Capital One's acquisition of Discover signals the agencies' willingness to approve large transactions and a more favorable environment generally for bank mergers under the Trump administration, say attorneys at Arnold & Porter.
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Series
Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.
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DOJ's 1st M&A Declination Shows Value Of Self-Disclosures
The U.S. Department of Justice's recent decision not to charge private equity firm White Deer Management — the first such declination under an M&A safe harbor policy announced last year — signals that even in high-priority national security matters, the DOJ looks highly upon voluntary self-disclosures, say attorneys at Perkins Coie.
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Series
Law School's Missed Lessons: Practicing Self-Care
Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.